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, 22% interest rates, gas lines, stagflation, in 1980 and very different president got elected. ronald reagan liked barack obama and inherited a struggling economy. and reagan implemented policies 180 degrees opposite, instead of jacking up taxes. he cut taxes. instead of exploding spending and the debt he restrained the growth of spending instead of unleashing the hounds of regulators. when i think of regulators are can't help thinking of mr. burns saying release the hounds. instead of releasing the hounds of regulators on small-businesses and entrepreneurs reagan limited regulation and the result was one of the most extraordinary burst of economic productivity our nation has ever seen. the fourth year of reagan's presidency was 1984 precisely corresponding to the fourth year of obama's presidency. anyone know what gdp growth was in 1984? 7.2. seven.2%. our ideas work, there's don't. if you want growth, jobs, if you want twenty three million people struggling to find work to get jobs, the answer is simply you need growth. you have got to reduce and simplify the tax burden, reduced reg
't prevent him from getting things done but do change the public's so by the end of the year ronald reagan is running and as you point out in 19661 beat pet brown who four years later beat nixon. >> guest: >> host: what i find amazing is that it comes out of nowhere. there is no predicate. the progressives even come out of the turmoil in 1890. of course we know the new deal comes out of the turmoil in the great depression and we can even argue that obamacare comes out of the great recession. where in the world as the great society come from? and i and you answered that question and when i was a kid in this period 7-years-old pocketful in 64 we went in and around the neighborhood we won the war of 1964 and this is about the election. for that kind of way one could not have predicted the revolution and social policy that became the great society and your answer for that seems to be the sheer wealth of america. could you talk about that? >> the economy had been growing nonstop since 1961, and it was absolutely powerful moving ahead like a steam engine in '64 and '65. they had trouble in late
. >> the statistics that you can present to you is that when ronald reagan ran for reelection in 1984, similar situation come here to raise money for his primary and the party even though he took the public general election funding, he attended for fundraisers in that year. what are we doing where we have a president running around? as i recall, the nevada event that romney hit import into the rushing off after libya was a fundraiser. a fourth of his time in office is this election year and a spinning it at fundraisers. and romney is getting videotaped at his fundraisers talking about the 47% in a private, closed room with people, that's what they want to hear and that's who he is meeting with all the time. so this is a problem for i think both sides, and we're going to see that pressure, the money pressure in the house and senate races. >> we'll have a minute left but i would love to hear if there is action of some sort taken to compel disclosure or to higher degree of independence or whatever steps, measures you face. conjure a vision of the future two, three, four cycles down the road what
goal, like ronald reagan used to do, i want one headline, don't let the middle class be held hostage. he repeated it over and over again. >> reporter: he said it 19 times. >> he didn't want the headline to be switched by adversarial press or neutral press that didn't to want go with his line to say him, adamant, president adamant on rich paying 39.6%. maybe that's why you softened up to you. just an interpretation. >> reporter: i can tell you congressional republicans were happy with his response. they like to know there is some give. here's where the give could be, chris. nobody's talked about this. i mean, there's been some behind the scenes chatter on this, which is you could see tax rates temporarily go up just not all the way to 39%. it could be somewhere in the middle. ends up being the compromise for the one year. don't forget, this is all about setting the tax rates simply for 2013, while they negotiate larger tax reform. so, that could be what the wiggle room is. obviously, republicans have said they don't want to raise tax rates at all. they're fine with revenue. and the pr
press conference after being re-elected to a second term as president, then president ronald reagan was asked if he had anything to say to the people in the country who did not vote for him and who did not feel that they were part of the reagan revolution. he was also asked about nancy reagan falling down and bumping her head right before the election. he said that she had a tender lump on the side of her head, but that she would be fine. in president clinton's first press conference, after he was re-elected to a second term, the president started to answer a question about the role of first lady hillary clinton in the second clinton term, before he sort of diverted himself into talking about just how damned tired he was. >> well, let me answer the question about hillary. i think what first lady will do is something that i think it will be consistent with what she's been doing, but we have not, frankly, we've been too tired to talk about it. yesterday, i'm embarrassed to tell the american people, i actually slept past noon. i was tired. >> there's no shame in that. >> in the first p
to ronald reagan. what did we do? we nominated michael dukakis who is a fine man but a liberal from massachusetts. it took three beatings for to us realize you have to make common cause of moderates. that is the internal struggle the republican have to go through. true to principle on fiscal issues but if they embrace the far right social agenda it drives off the young people and alienate single women and suburban women and you see it in the numbers. >> senator, in your state of indiana -- >> can i say one last thing? if i could just get -- if i could say one last thing. please continue to nominate people for public office talking about women being rap rapeed. >> won by only five points such a bad year. republicans should not kid themselves. republican lost 25 of 33 senate seats. republicans gained back the seats easy to gain back when no other new state at the presidential level. obama had a tough economy, glow gone from the first term, and all of that. republicans lost the national household by half a million votes. they held the house to redistricting and the democratic voters ar
should be granted a dozen to 14 years for raising my family. >> you talked about the diversity. >> ronald reagan said, i will not hold your youth and inexperience against you. >> i will pass that onto luke. >> you are talking about the diversity about the democratic caucus in which you lead in the house. it is a new thing at least that there is not a straight, white male majority in this caucus. and i wonder, you know, the republican party, won a larger majority of the white vote which they were bragging about today in terms of what went right for them in this election which they lost. they lost all minority groups by large margins. when you look at your group and you have that momentous change, what do you say to people who look at that change and think i'm not sure i'm happy about the fact that there is a -- in the democratic caucus? >> i haven't met anybody like that yet. >> but let's say i would say everybody is talking about how we can appeal to these people to vote for us and we are saying no, we want to go beyond that. we want them to represent us. so it is not about we need your v
's daughter, understood conservatism or ronald reagan, the alcoholic son that grew up in middle america who actually believed, like i believe, like a lot of conservatives believe that if you want to help everybody, if you want to help the 100%, what you want to do is you want to fight hard for their individual free am do doms and unshackle them from regulations from high taxes, from a centralized state, and that's the best way to move forward. we can have a debate over whether that's right or wrong. the problem is, we didn't have that debate this time because mitt romney's view was such an insulated view of a guy who grew up rich and grew up in this insular world where his father ran car companies and was governor of michigan. >> this is a pivot point for the republican party. i think bobby jindal probably said it best. you have to turn -- you have to marry conservatism and pop y lyh populism. we helped the little guy because that's the america dream. it's not the opposite as far as entitlements and victims. that's a pivot point. and the republicans that get it are going to be part of a new
was no more responsible for what happened in benghazi than george bush was for september 11 or that ronald reagan was with the blowing up of the u.s. marine in beirut. >> shep: this just one of several hearings that were underway today. each focused on what went wrong in benghazi. katherine herrage live. it's my understanding that within the hour, we've learned some members of congress viewed a video of that attack happening in benghazi. >> the intelligence community put together a half hour video, composite from multiple video sources that shows the minutes before the attack, the militants overrunning the consulate, and the second wave of mortars that struck the c.i.a. annex. >> i mean, it's just so obvious to be so obvious to any inexperienced individual that this was purely a terrorist attack. >> fox news has told the c.i.a. is launching a preliminary investigation into the former director's conduct. the issue is whether any c.i.a. resources were used to facilitate the alleged affair between petraeus and his biographer, paula broadwell. the f.b.i. is already concluded that the former di
to do? he has four years left. we saw with ronald reagan and bill clinton. with a second term and a better economy, you can achieve a lot and become quite popular in the process? does obama have that in him? what do you want him to do now that he has four more years? >> the big thing he has going for him, he has four years he doesn't have to worry about getting re-elected. they start these elections about two years ahead of time usually. and that's where their focus goes on how do i keep doing this job, whether i'm a senator, congressman, or whatever it is, if you are a career politician, you always look out for yourself first. when the president's in this position, having been elected a second time, now he has nothing to lose. >> where do you you this he's been weak and where does he need to be stronger? >> i think he's been weak. my son was a huge obama supporter until obama ordered that american's death with the drone and then he lost my son. my son was so offended that a president could kill a united states citizen without a trial, without anything like that. and my belief
a brother, i don't envy him the position he is in. but i am also reminded of what ronald reagan taught us years ago, good polic makes good politics, john boehner needs to emphasis economic growth, is the way to get increed revenue. and there is two ways to -- two imperatives, dress down reduce, and discipline our government run among so there is confidence to grow in private sector then a tax system that accommodates that growth. you will dress a tax system of this country, from theoint of view of what is fair, have you taken the most simple minded way to address taxes. taxes are about raising the necessary revenue to fund the minimum, i i effective governmet that does interfere with growth of private sector, to to so in such a way as to encourage the maximum growth of the private sector is where you get maximum revenue. neil: we're at this cliff, possibility, republicans are under pressure, president said, i'm not budging, -- he left open some details, but he certainly want toss raise taxes on the rich. i guess they can decide whether they will resurrect old rate or closing loophole, how
did any good deal you want to make the other guy look good as much as you. ronald reagan said 80% is better than none at all. melissa: i'm melissa francis and here's what's "money" tonight. president obama goes for broke, calling for $1.6 trillion, in new tax revenues. probably not what businesses want to hear. will this doubling down derail a deal on the fiscal cliff? >> plus a salary that is as good as go. one montana lawmaker is demanding to get paid in gold coins. he is here to explain why in a fox business exclusive. >>> screw market prices. one gas station charges $3 more. $3 more per gallon than his nearby competitors. and it is is making a killing. the strategy is far more widespread than you might think. we have details on that coming up. even when they say it's not, it is always about money. melissa: all right. first the day's market headlines. a bad day for stocks just keeps getting worse. a news conference by president obama only amplified fears about the fiscal cliff and down to a 4-month low down 185 points. banks of america led the slide, closing down more than 3 1
ago. >> social security, number one thing, we should create process like with ronald reagan. i think we should look at early retirement age and social security, which is currently 62, and look at ways to great incentives for people to work longer. create incentives for people to work longer. the retirement -- that has the joint beneficial effect of reducing social security costs, but also keeping people working longer, providing for their families and generating more income for the economy and for the treasury. i think there are other things you can do, but look, i am open to a conversation about this. when it comes to things like social security, again, you have got to take a mixed approach. look at simpson-bowles or others, they have a combination of revenue and spending reform. >> you are willing to at least look at that? >> i am willing to consider them as part of a possible plan, but i do not think we should jump to solutions, especially in medicare, that's simply transfer cost. in social security there are other ideas, some of which we discussed in the super committee. >> socia
. and of ronald reagan and tip o'neill reforming social security. ronald reagan and tip oatmeal during the last comprehensive tax reform. bill clinton and republican congress with welfare reform and balanced in the budget. so we look forward to making this divided government productive for the american people and the several wellness we have a lot of challenges here at the end of the year. i'll be meeting with the president and the other leadership on friday to talk about the way forward and we look forward to being a part of the solution to the significant problems. it is my pleasure now to turn to our newly elected with come as senator cornyn of texas. >> well, things, natch. it's an honor to be elected by my colleagues to serve as the whip, the assistant leader on the republican side. as a drama, fat, we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solving the nation's urgent problems. we know what those are in a lame duck coming out this if this are going forward. there is no mystery about that commanders say mr. to solutio
in this room. what is important is what you have on the table would make ronald reagan look like a piker. he knows how hard it was, with some very good people. [laughter] the point is, in the fiscal cliff, you will not get any of this done. joe lieberman outlined the potential of approach. some cutting, some modest revenue. then you move back to regular order, which trent lott was talking about last year. then you need a mechanism to enforce the discipline. my worry is, you read the washington post report and, frankly, the people doing the negotiations on both sides do not know the basics. starting with the fact that you need one piece of paper, not competing pieces of paper. i would be worried about -- if these people just talked to each other as opposed to negotiating and pontificating on their positions, the president will be very tempted to let the tax cuts expire, it is not sustainable because of the alternative minimum tax and other things. that is a gutsy, given the state of the economy, and people need to be prepared for it. >> let's talk about the rest of the world. we want to ask t
's going on at and the party splitting again. they always quote ronald reagan, but he said not to speak ill of another republican. we keep forgetting that. we're not using a new technology. romney, i think there was prejudice in the party against his mormonism. i think a lot of evangelists stood back as they did when john mccain ran. we were 3 million votes down. i would like to hear what the other republicans have to say about that. i think bobby jindal is going down the wrong route in jumping on romney now. we had fractional primaries and that took a lot of steam out of romney and set us up for the democratic assaults. host: in georgia now, charles. caller: calling from cleveland, georgia. i believe the republican party pass to get back to the constitution. these undeclared wars have to stop. we threw away the ron paul supporters. we needed them to defeat obama. romney did not mention the constitution many times -excuse- me, i'm nervous. we have to go back to the constitution. if the republicans don't go by the constitution, they are no better than the democrats. host: plenty more time fo
intellect or exercise in ideology. i covered ronald reagan for six years. and if you want to discuss it some more, i can tell what you i learned in those six years of covering the presidency. it with a lot different than than what i thought it was going to be. it became clear to me that to a large degree, it is a test of the president's will and purpose. to believe in a few big things, to stand steady against the swirl of political controversy, opinion, nowadays, that's certainly not true for the presidents in this book. polls, advice from counselors, all kinds of things that would drive a president away from his core convictions to not necessarily do what he believed in or what he really believed to be best for the country. this is a book about character, about 16 presidents from george washington to george w. bush who all in a moment of national crisis did what they in their hearts believe was the right thing for the country, who showed character. not necessarily what turned out to be right. think there's some decisions they made that i don't know i agree with. and you can certainly argue
petitions. they did not threaten third- party movements. in a nutshell, what ronald reagan understood was a conservatism was not defined by its resentment. but which actually had a smile on its face. much like reagan himself. that is why it into a curious sort of way, it seems republicans, not out of breath out -- not out of nostalgia am i think for conservatives you can do a lot worse thing go back and look at the real reagan. the pragmatic reagan. the reagan who was willing under certain circumstances to raise taxes. the reagan willing to put dick on his ticket in '76 or george bush four years later. >> the tax policies that some precedent. do you think the fiscal cliff and the presence of the debt ceiling are enough to overcome this culture of obstruction? >> i am not sure it will overcome the culture of destruction. that is in many ways an outgrowth of the political system that we have built. on the other hand, you may not have to overcome the culture of obstruction. only have to pick up -- pick off x number members of congress. >> he said it was time for republicans to stopping t
to celebrate. >> in your book you say ronald reagan lied about poverty so he could succeed. you wrote middle class folks didn't centhave to worry they w indulging resentment. they were doing it because those programs hurt poor people. reagan said so. do the republicans still believe this message? >> i don't know if they really believe it. i don't know if they care. they don't care about the poor, but they've been selling it for a long time, ed. i'm with michael. he is looking backwards to an america that wasn't as wonderful as he thinks, and he's becoming kind of like a glenn beck figure. he's really not leaving it alone. when he went here on election night, i thought maybe he'll get over it. the majority of americans voted for barack obama. we have values. the majority of catholics voted for barack obama. a vast majority of jews voted for president obama. he has a problem with white protestant southern evangelical people, but he doesn't have -- it's not his whole coalition is secular. we have values, too. >> professor, how can we not come to the conclusion that bill o'reilly thinks diversit
. democrats had lost two elections in a row to ronald reagan. and what did we do? nominated michael dukakis, a fine man but a liberal from massachusetts and the internal struggle republicans will go through, they have to be true to their principles, particularly on economic and fiscal issues but when they embrace the far right social agenda it drives off young people and it does alienate single women and suburban women... >> senator, i mean, your state -- >> what i'm saying -- >> republican governor. >> chris: wait, wait, wait. >> one last thing, please continue to nominate people for public office who talk about women being raped and that being god's will. >>... actually a great -- won by only five points, and republicans should not kid themselves, they lost 25 to 33 senate seats and republicans gained back the two states easy to gain back and no other new state at the presidential level and obama had a tough economy and, the glow was gone from the first temrm and republicans los the national house, and redistricting and democratic voters are more concentrated in more districts, it was a b
won. you know, since ronald reagan we no longer have 70% tax rates on the highest income earners. nobody is arguing for that. we're arguing to go back to 39.6%. on health care reform, the president's health care reform was basically a conservative idea put into the national spotlight by democrats and passed by democrats. education reform. even cap and trade is really a republican approach to solving environmental problems. we no longer have anyone saying we don't need to balance the budget. in a lot of ways these conservative ideas have won the day. so republicans are in a place where they moved further and further to the right as the democratic party has amoved further and further to the right. now they're out in the mainstream, and in order to have a meaningful, stark contrast with democrats, they've gone to such a far right place that the american people just aren't comfortable with what they propose. >> i'm encouraged by some of the language i heard coming from some folks on the right. there's still people in conservative circles who are saying we can't compromise our values.
president since ronald reagan to win the popular vote in two consecutive elections. they're trying to deny his legitimacy still. >> not all. >> grover norquist is. >> and speaker boehner has said they're ready to be led. >> thank god for one reasonable person. >> he says he's the most reasonable. >> we'll see what happens in january, though. he has that radical right wing tea party caucus to deal with in the house. i want to see them come to grips with reality. >> great pleasure having you both on. as people continue to suffer in the wake of hurricane sandy, thousands are homeless and without power. the american red cross is trying to push back against criticism from storm victims. >> they take people's hard-working money to assist people, and then when push comes to shove, they don't assist. >> so the red cross is not disputing that, but also calls its response, quote, flawless. many of the people you're looking at in that video do not believe the response has been flawless. we'll talk with nbc news senior investigative correspondent lisa myers regarding the red cross backlash that's goin
cracking around ronald reagan's feet, the first time he raised taxes. i remember when he said that. >> yes, exactly. well, i think the speaker, i think, is setting the tone, as you saw on the front page, above the fold in "the washington post," you know. call his caucus to task, saying he's got to get the nation's business done. and i think what he said implicitly and probably directly behind the door is, trust me on this. you know, i get it. i understand what we need to do. we're not going to sacrifice our principles and values, but we've got to get the nation's business done. and then when we have a bill kristol coming out and saying, you know, they're all rich guys who live out in hollywood. we can raise their taxes. what an 180-degree turn. >> they're not the small business men. >> you'll probably note this, what an election will do. winning and losing has a consequence. and i think for a lot of republicans right now, given where we were two years ago versus where we are right now, you realize, hey, we're going to have to deal. we're going to have to deal. >> what about the president?
needed to talk about the jack kemp conservativeism and ronald reagan and larry kudlow conservatism of economic growth of prosperity of bringing people in. reagan that did the big apple nesty in 1988. >> exactly. '86. >> i stand correct. >> we didn't call it amnesty. everybody knew what it was. basically the idea was that, you know, would buy time and buy 20 years. you are not against border security. what do we do with the good folks here now? >> we need that. border security -- in a post-9/11 age, border security is the first priority. >> right. but after that, we immediate to deal with the situation. you know, the -- the so-called illegals, some people don't like calling them that, undocumented individuals, they struggle to get here. they want to be part of the system. they want to earn a living. i don't know if immigrants that come here, legal or illegal, that want to come and go on welfare. they want to work and become part of the system. they want to share in the great american dream. these are republican values. and -- the fact when you look at the exit polls, 70% of asians a
single step of the day. >> why not do what lbj and bill clinton and ronald reagan did and smooze with the speaker of the house? he's the one you have to win over. >> it starts friday. they have arranged a meeting. it will be their first since july they all sat around the table together. everyone up on the hill said he needed to do more of it. i don't think anybody at the white house would deny he has to do more outreach. we will see. >> it headaches sense. if you get a deal, and it might be now tenth bush era tax cuts might be linked to the deficit and it might not be so much a cliff as little one of bumps in the road. >> we will watch and see what happens. >> up next, reverend graham, his group brings christmas to many needy children around the world. for most of these children it's their first gift ever. reverend graham is here to tell you about it. that's neck. alka-seltzer plus rushes relief to all your worst cold symptoms, plus it relieves your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! well, having a ton of locations doesn't h
former california governor ronald reagan announced his third bid for the presidency and for the republican nomination and, of course, that one was successful. >>> the scandal continues to grow around david tpetraeus as his successor general john allen is now linked to the controversy or at least linked to some of the players. let's bring in our panel, political director for the grio.com, and columnist with bloomberg view, and stephanie is the president of emily's list and i also have james from the national journal who is out with a brand-new piece on this entire episode. so, james, i want to start with you because i thought this was a very striking -- you sort of write about -- trying to write about this from 30,000 feet, the impact on national security. this is what you write, no one is condoning what petraeus did, but there are a lot of self-righteous people holding him to a standard that not many people could meet without considering what he sacrificed because of the years of separation from his spouse and family, said one army general. there's a lack of proporti
was it, 1982 or 1983, back in the 1980's, tip o'neill and ronald reagan got together and made adjustments to social security that saved the program. that's my point. sometimes you need to adjust and change to save the very thing you care most about. and so tip o'neill didn't sell out the democratic party by embracing that agreement. the democrats in congress, many of them very progressive at that time who supported it, didn't work traders to the party. if we do it in a responsible way, a balanced and doesn't just gut the programs and just not all entitlement reform with no revenue, i think the base of the party and leaders and organized labor will understand. they also know the alternative is doing nothing, with bad damage to jobs and the economy. and ultimately insolvency of these programs themselves, or. b, the right wing of the republicans are coming in and taking over because we have done nothing to solve the problem and their answer to the solution would be much more draconian. host: jack. he's our first phone call for the senator. republican. go ahead. caller: mr. bayh, one question
of the major puzzles and challenges for the republican party now as it was a generation ago. ronald reagan in part with the help of jack kemp, a generation ago, found a way to sell supply side economics as a blue collar alternative. to sell it to the common man. that's what reagan and kemp were all about. the republicans lost the ability to do that. they lost the argument once. they're going to have to figure out how to make that argument again because if they're going to say that unleashing the power of the free market is the route forward for the middle class and the working people of america, they need convincing arguments and convincing people to do it. mitt romney, if you look at it from even the slightest distance, was arguably the worst possible carrier of that message. they need somebody else. they need to southern populism or populism from somewhere, but they also need the proof. they need the evidence. and lacking the evidence last time in the election of a week ago, a week or two ago, people went with the -- what they knew, which was the president's belief in the power of govern
. in the last 100 years, only four, right. so eisenhower, fdr, ronald reagan and barack obama. i think the idea that barack obama does not have a historic mandate when 44 men have been president and seven did what he did in two terms, he got 69 million votes the first time, 62 million votes the second time, i think he has a mandate. the things to be done that are great in this election happened to fall on the progressive side, in part because the republican party and conservatism has gone so far right things that used to be centrist, like environmentalism, which was a teddy roosevelt thing which even richard nixon was in favor of. >> john mccain. >> newt gingrich. >> these things have been now reclassed as liberal, right. the victories that the president has a chance to get which are historic, like on climate change, on immigration, are now progressive ideas because they've been left behind. >> it's now almost up to the republican party to grab a piece of that pie to say this is our victory too when in reality if they had done it earlier -- >> let's don't get in debate about the mandate. you ma
tip o'neill and ronald reagan on social security reform we can add years of solvency and to medicare and do it and increase benefits like with obama care and we need both sides to be willing. i know the democrats are willing. president obama's willing to sit down at the table. what we don't need to do i can tell you is cut benefits. that's something that i don't think is the first thing that should be put forward. we have a lot of opportunity to continue to make reforms in medicare, make sure we build in more efficiencies to the program so we can add the years of solvency. >> what about eligibility age change? >> well, eligibility age change would fall in the realm of benefit cuts. we need to focus like i said first on making sure we build in more efficiencies to the program. we have been able to from obama care make sure that with that $716 billion in savings plowed in to waste, fraud and abuse -- fighting waste, fraud and abuse we have collected more than $10 billion in fraudulent medicare payments and we can make more progress in that area, as well. >> thank you so much. i greatly
second-term presidenciy are very, very difficult. i thought ronald reagan had a fairly successful second term and bill clinton's was marred by his own personal issues. second trerms difficult. w. had a dficult time. one of the things i think they underestimate at the white house and the treasury is the idea of doing tax reform. when you both were probably in preschool, i was covering the '85, '86, tax reform act, and to call it heavy lifting is an understatement. it took a savvy, smart treasury secretary, jim baker, working with capitol hill and a supportive president, and democrats and republicans. i don't see any of those ingredients today to do tax reform in 2013, 2014. >> especially ifhe esident going to have a new treasury secretary. itim geithner, this has sort of been his-- tim geithner wanted to be behind tax reform, wanted to be the force behind corporate tax reform. that might speak to tim geithner staying on a little long fer they think they can get something done in the first six months. >> why is anything different now? why is anything different in the second term? >> good p
or that ronald reagan was with the blowing up of the u.s. marines in beirut. >> this administration continues to put out things that are just not quite true. >> smear, character assassination, judgment before all the facts are in. >> we're getting that video in. house and senate committees will both hearings tomorrow as we reported a few minutes ago. former cia director david petraeus is expected to testify. you see some of the tone and tenor of what will perhaps happen behind closed doors tomorrow. i'm tamron hall. you can watch "news nation" every day 2:00 p.m. eastern time. "the cycle" is up next. into their work, their name on the door, and their heart into their community. small business saturday is a day to show our support. a day to shop at stores owned by our friends and neighbors. and do our part for the businesses that do so much for us. on november 24th, let's get out and shop small. challenge the need for such heavy measures with olay. regenerist micro-sculpting serum for firmer skin in 5 days. pretty heavy lifting for such a lightweight. [ female announcer ] olay regenerist. i ju
abstract than [ bleep ]. >> the repulsive logic became part of the party playbook. in 1976 ronald reagan told stories about the so-called welfare queen in an effort to scare white voters. and the very same lee atwater made the willie horton ad a key part of george h.w. bush's 1988 bid for the white house. and in 2012 the same ugliness took center stage in the gop primary. >> we know president obama is the best food stamp president in american history. >> i don't want to make black people's lives better by giving them somebody else's money. i want to give them the opportunity to go out and earn the money. >> you're doing it because you care about america. paul and i have not promised you a bigger check from the government. >> as atwater said, the message is coded. but what he's getting at is crystal clear. joining me now is toure, host of "the cycle" here on msnbc, and the man who tracked down the atwater tape, james carter iv. he's an opposition researcher and the grandson of president jimmy carter. thank you both for coming on the show. >> thank you. >> thank you. >> james, first of all
as ronald reagan got put up against jimmy carter, president obama would be unemployed right now. what do i think he wants to do? i think he wants to pursue his ideology. i don't think it's about economy. he told us what his ideology is. he told us, you didn't do that. i'm in the middle of silicon valley. we did that. we invented things. we changed the world. the way you and i are talking to each other coast to coast, we did that. it wasn't the government because they put in sidewalks and put stripes on the roads. but he believes that people -- that entrepreneurs and businesses don't do stuff. he believes the large, collective central organization, the government, is what does stuff. >> how do we get the free market back, t.j.? how do we get this whole great american economic country of ours back on the free market path? that's what i need to know. >> let me give you the bad answer. i think it's probably an accurate answer. we've had 12 years of economic mismanagement. this is not an obama/democrat problem. this is a bush/republican/obama/democrat problem. 12 years of bad economic managemen
bernie sanders addressed very effectively. it was interesting he quoted ronald reagan on the floor yesterday to point out social security has nothing to do with the deficit or balancing budgets, payroll tax that employers and employees pay into the trust fund that finances that and it should not even be discussed in these negotiations. but furthermore, this whole election, this whole national election was a referendum on the republic republicans' ideas expressed so well by mitt romney by the way yesterday afternoon when he talked about with such contempt for people who might need college loans, or health care, god forbid. and, you know, this election showed americans are completely opposed to the proposed reforms by the republicans on medicare and social security. they don't want entitlements changed or touched. and they want to see the top 2% pay some taxes. like they did in the clinton era. so if their elected representatives come in and within a week they're talking about changing entitlements and not raising taxes on the very rich, it's not just liberals who will be disappointe
, it was 1987. ronald reagan was in the white house. over 18 years greenspan led the central bank of the world's chargest economy through good times and bad. now six years after he's left the job, his successor ben bernanke is warning of the danger of plunging over the fiscal cliff. i've been warning you about the catastrophic effects that could have on america's already fragile recovery. but some say that it's fear mongering. i spoke with allen greenspan who was in washington at a peterson foundation event to discuss the fiscal cliff and i asked him point blafrpnk, do you believe u.s. can go in a recession as a result of the fiscal cliff? >> most certainly. remember, all the forecasts come off models which didn't catch the 2008 crisis. and so you have to be very careful about using them to evaluate this type of problem. >> the last time washington faced the expiration of the bush era tax cuts in 2010, you said in interviews they should follow the law and let them expire for everyone. now putting aside the other parts of the fiscal cliff, do you still feel that all americans should see their i
. >> reporter: he resigned in the wake of watergate. ronald reagan's second term -- >> a few months ago, i told the american people i did not trade arms for hostages. my heart and my best intentions still tell me that's true, but the facts and evidence tell me it is not. >> reporter: the iran contra affair. bill clinton -- >> i did not have sexual relations with that woman. >> reporter: impeached after the lewinsky mess. and george w. bush, well, there was the valerie plame spygate scandal, not to mentioning the handling of hurricane katrina. that's trouble for roughly 100% of re-elected presidents since 1972. yes, it's enough to give you second thoughts about that second term. so is there anything the obama team can do to prevent this? now, as bill clinton might say. >> it depends upon what the meaning of the word "is" is. >> reporter: the fact is, if there is going to be a second-term scandal, its seeds were probably sewn in the first term. the watergate break-in, nixon's first term. the actual iran contra deal, reagan's first term. bill clinton's liaison with lewinsky, first term. the actual
by the end of the year ronald reagan is clearly going to run for governor, as you point out in 1966, and does, and beats pat brown, who four years earlier had beaten nixon in the race for governor. >> host: what i always found most amaze about the great society in effect it comes out of nowhere. there's no predicate for it. we know the new deal comes out of the turmoil of the great depression. you can even argue that obamacare -- we can call it that -- obamacare comes oust the great recession. where in the world does the great society come from? i think you answer that question, and it's -- i was a kid during this period, and seven years old, in 1965, and i remember in '64, we went around the neighborhood, all-black communities, saying, we won the war of 196 4. and this was about the election of lbj. and it was a sense that something important happened. but one could not predict the revolution in social policy that became the great society. and your answer for all that seems to be -- it's the sheer wealth of america. is it -- cue talk about that? >> guest: yes. the economy had been growing no
reasons, yes, because they expanded the earned income tax credit as ronald reagan did because they thought it was an effective anti-poverty program. >> congressman becerra, let me go to you on this. >> it's deja vu all over again. >> what are republicans doing to attract those certain members of the base? >> i don't think they read the tea leaves from november the 6th and i think they're still harkening to yesteryear. it's a new day in america and they should be catching up. he is the de facto leader of the party, mitt romney is still there, and so his comments remind folks of the 47% comment and it's unfortunate for them because they have to figure out a way to distance themselves from a guy who doesn't get it. >> i have to say he is not the de facto leader of the republican party. i think what this did was hasten romney's departure completely from the scene. romney has -- i mean i talked to republicans now. they talk about how you'll never see him speak at a convention again. people aren't going to be going to his door begging for his endorsement. that's a great question. >> de facto lea
but a nurc number, right? so why all the fuss over nancy pelosi being 72? >> ronald reagan said, i will not hold your youth and inexperience against you. >> and later, why unlikely bedfellows are teaming up to make sure the littlest americans don't get neglected in the fiscal cliff standoff. you're watching msnbc, the place for politics. ♪ i'd do anything for you, dear ♪ ♪ anything, yes, i'd do anything ♪ ♪ anything for you ♪ and you learned something along the way. this is the age of knowing what you're made of. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the
debate. president carter had one debate in 1980. ronald reagan decisively won that. we did not want to continue that sad and torn history. it is not like we were naiive about the challenge. for a lot of reasons, not all of them, you know we did not execute. strategicly, myself and others could have done a better job. the president said that he had an off night. it is not like we had one glaring mistake. but not a solid performance. governor romney had a strong performance and we knew that. even when he took a flyer against ted kennedy. he dominated the debate performance. we knew it was a strength of governor romney. just showing up on the stage and, you know, he was going to come out of the debate like that. we knew that. he was too low. romney is always go to get 47 and 48 and 49 in states like virginia and florida and virginia. we were not go to win the first debate. he was the only person on that stage that had something to gain out of the first debate. but obviously we had a poor performance and he had a very strong performance. we said it publicly and most did not believe at t
that have returned on the principles of ronald reagan and thatcher and president and the czech republic and the pro free enterprise and sovereignty simply to fight back against the european within the elements of central and eastern europe to push back so it is an array of hope you didn't use the word insidious. >> i'm waiting for you to bring about. >> the example of why it won't work is the european union. >> you can organize the countries in the same continent that are supposed to be the same civilization how are you going to reconcile the this civilizations that it shouldn't stand. and it gets to double down now. now we need them in charge of all of the banks. in charge of all economic policy all budget policies. this is what the leaders are saying. so even though it doesn't work and doesn't -- the soviet union didn't work from 1917 to 1971. >> would you comment on any connections that you see between the groups that appear to have less concern about protecting the national borders and issues of sovereignty clacks >> i'm not quite following what you mean. >> do you have any thoughts
was kind of the end of the line of the conservative era that began coherently with ronald reagan in 1980. mitt romney was the ultimate remainder man. that's why they have an easier time of dumping on him right now. >> so the clown car has backed up to run over mitt romney. that's the image for the night tonight. >> yes, it is. >> like that woman who didn't like her husband, remember she drove over her husband in the parking lot and drove over him again. i don't want to get involved in that legal case but i do remember the pictures. let's go to john heilemann here. is this the clown car as howard beautifully put it backing up over the guy that outcorkoutdorm and won the election? >> some of these people are not certifiable clowns who are saying these things about romney though i don't disagree with howard's characterization in general. i do think -- >> gingrich -- >> i think it's fair to say that part of romney's problem was that he was really always an incredibly bad fit with the republican party on almost every level. he was not most of the things the republican party is today nor reall
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